KPMG organised a webinar in response to the recently updated publication “IFRS compared to Dutch GAAP: an overview”. The slides and audio are now available!
In this webinar, we discuss the frameworks of IFRS and Dutch GAAP and outline the options how both Standards can be applied by companies under the Netherlands Civil Code. We furthermore, explain a selection of differences between the two reporting frameworks that we see in practice and highlight the latest changes in IFRS as a result of IFRS 9 Financial instruments, IFRS 15 Revenue from contracts with customers and IFRS 16 Leases becoming effective. The last part of the webinar is about GAAP conversions. We discuss reasons that trigger a change in reporting framework and walk through an example of a project plan and timeline.
We hope that this webinar is helpful for you in understanding the two reporting frameworks together with our publication IFRS compared to Dutch GAAP: an overview (February 2019). If you have any further questions, do not hesitate reaching out to your KPMG contact person.